Real-time Dynamic Currency Conversion (R-DCC), also known as Card holder Preferred Currency (CPC), enables Acquirers, Processors, and Network operators to deliver Foreign Exchange services to customers at ATMs, point-of-sale (POS) or online sales portal (ePOS).
- 40% Increase in revenues compared to traditional DCC solutions
- No risk exposure to movement in underlying currency exchange rates
- Enhanced customer experience with accurate exchange rates offered
- 30% reduction in costs to provider through lower price point
- Increased acceptance rates by customers
How Does R-DCC Work?
R-DCC enables Acquirers, Processors and Network operators to offer Cardholders abroad the choice to pay in their domestic currency at the ATM/POS rather than leaving the currency conversion to be dealt with at a later time by their card scheme.
R-DCC solution is designed to seamlessly replace Look-up tables or Traditional DCC offerings and is supported by a growing number of industry processors and operators.
- Unique real-time tradable FX prices 24/7
- All Mastercard and Visa currencies covered
- Exotic currencies available with increased yield potential
- Dynamic Yield Management (DYM) tool
- Algorithmic hedging model
- Competitive fixed priced solution